page
60
STOCK EXCHANGE
2007
2008
2009
2010
2011
CAGR
NUMBER OF
LARGE LISTINGS
Shenzhen Stock Exchange
13%
25%
26%
74%
70%
51%
105
Singapore Exchange 
90%
96%
90%
90%
84%
-2%
49
SIX Swiss Exchange
84%
80%
80%
82%
80%
-1%
54
Stockholm Stock Exchange
79%
86%
84%
84%
78%
0%
46
Taiwan Stock Exchange
97%
97%
96%
97%
95%
0%
64
Tel Aviv Stock Exchange
71%
86%
85%
72%
75%
1%
16
Tokyo Stock Exchange
96%
97%
98%
94%
95%
0%
341
Toronto Stock Exchange
2%
3%
3%
5%
5%
30%
140
Warsaw Stock Exchange
94% 100% 100% 94%
94%
0%
17
Wiener Börse
75%
75%
73%
72%
73%
-1%
15
Payroll
cont’d
1...,57,58,59,60,61,62,63,64,65,66 68,69,70,71